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MSNBC
Dec 27, 2012 10:00am PST
to a fiscal cliff. thank you within kelly. jonathan, i want to turn to you right here. harry reid was not holding back this morning on the senate floor. i want to play what he said about the 435 members in the house. >> there's 435 members of the house. what goes on in this country shouldn't be decided by the majority. it should be decided by the whole house of representatives. the speaker just has a few days left to change his mind. but i have to be very honest, mr. president, i don't know timewise how it can happen now. >> and we just heard from kelly about this possible new deal the president has sent over regarding the fiscal cliff. harry reid, though, there's not a lot of time left. >> no, there isn't a lot of time left. what the majority leader is referring to is we've been talking about a lot, the majority of the majority real that if boehner would put aside this tradition that if he's going to get anything passed, it has to be passed bay majority of the republican caucus. clearly there have been times on the little and in the house when boehner could have passed many bills
MSNBC
Dec 31, 2012 10:00am PST
. thank you. >> that's right. >> a deal on the fiscal cliff may be at hand, but there's still a lot to do, and not a lot of time to do it. delaware democratic senator chris kuhns. thank you for taking the time. i want to talk about something first that your colleague tom hashi harken said on the senate floor. let's come back and talk about it. >> it looks like all of the taxes will be made permanent, but all of the other things that the middle class and america really depends on. one year or two years at the most, but the tax system is made permanent. well, i just think that's grossly unfair. grossly unfair. as i have said before, no deal is better than a bad deal, and this looks like a very bad deal the way this is shaping up. >> so, senator kuhns, is $400,000 on individuals a bad deal as tom harken described, it or is some deal better than no deal at this point? >> well, first, let's just talk about our broader values and the context we're operating in. given the real financial strains on our federal budget, given divided government where the house is controlled by republicans, the sena
MSNBC
Dec 28, 2012 10:00am PST
the show. >>> much of the impact from going over the fiscal cliff will be spread out over a period of months or even years. but millions will feel the effects as soon as the ball drops on january 1. payroll taxes will rise for 120 million working households. the federal law that extends unemployment benefits for 39 weeks will disappear leaving millions unable to file. doctors will see an immediate cut in medicare payments from the government. here to talk about this with us, jared bernstein who served as vice president biden's chief economist and now senior fellow the center of budget and policy orders. msnbc contributor. we thank you so much for coming on the show. mr. bernstein, i want to put up a graphic in terms of the literal impact going over the fiscal cliff. if you make $20,000 you will see tax hike of $412. if you are middle $, 40,000 to $65,000, average tax hike of fearly nearly $2,000 which is significant. is this being lost on the policymakers now? >> i think it is. i mean -- if you -- were really concerned about how middle income people are doing and howing the unemplo
MSNBC
Dec 26, 2012 10:00am PST
about how the fiscal cliff will hurt cities across the nation, philadelphia mayor michael nutter. mr. mayor, thank you so much for being on the show. >> thank you, luke. >> obviously, you've been very outspoken about how the sequester could have the severe impact on budgets for cities around the country. talk about that a little bit. we're only six days away. are you surprised by the lack of action here in washington on the fiscal cliff considering the dire implications for a lot of budgets in cities around america? >> actually, look, i am surprised. been around the block just a couple times. i've seen different things in the past, but this is very serious business, and apparently some members of congress just don't get it. the -- you can call it whatever you want to call it, but certainly fiscal is in front of it and it's not good. taxes going up for all americans, not a good thing. significant, possibly devastating budget cuts coming down to certainly state and local governments, not a good thing. and so this seemingly bad game of chicken, you know, this is not some schoolyard game
Search Results 0 to 3 of about 4